Funding you earn now, next payment 23:29 UTC−0.0019%/8h= −2.0% APRpaid last 24h −0.008%
Price spread now: Perpl against Bybit+0.033%7-day average +0.041% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.085%−$8 on $10k
+Price spread, last 3 days (all we have)+0.206%+$21 · spread now +0.033%, 7d avg +0.041%
=Together, before fees+0.121%+ Points / potential airdropPerpl: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit HYPEUSDT | 93.611 | 0.0019 | pay 0.0019% / 8h | 30m 17s | $321.6M | $283.4M | 75x |
| Short | Perpl HYPE | 93.642 | 0 | get 0.0000% / 43m | 26m 17s | $23K | $329K | 10x |
Bybit HYPEUSDT
Perpl HYPEFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Bybit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.92
- Price spread: +0.033% → +0.041%
- −$0.81
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$29.52
- Costs to cover
- 0.248%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; Perpl: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 4 min ago | 0.53 bp | 6.0 bp −$6 | 8.6 bp −$86 | 16.9 bp −$1,685 | 57.3 bp −$28.6K |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
HYPE on 55 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hibachi HYPE/USDT-P | −0.0808% | 1h | 93.632 | +0.023% | $198K | $230K | 7x | as long as short |
| Aftermath Perps HYPEUSD | −0.0353% | 1h | 93.847 | +0.252% | $22K | $22K | 10x | as long as short |
| Arcus HYPE-USD | −0.0233% | 1h | 93.532 | −0.084% | $1.2M | $3.8M | 10x | as long as short |
| Hotstuff HYPE-PERP | −0.0080% | 1h | 93.600 | −0.012% | $3K | $331 | 25x | as long as short |
| Ondo Perps HYPE-USD.P | −0.0060% | 1h | 93.570 | −0.044% | $703K | $910K | 10x | as long as short |
| 01 Exchange HYPEUSD | −0.0032% | 1h | 93.619 | +0.009% | $87K | $365K | 20x | as long as short |
| Derive HYPE-PERP | −0.0017% | 1h | 93.575 | −0.038% | $16.4M | $7.1M | 10x | as long as short |
| dYdX HYPE-USD | 0.0000% | 1h | 93.583 | −0.030% | $127K | $30K | 5x | as long as short |
| Perpl HYPEshort | 0.0000% | 43m | 93.642 | +0.033% | $23K | $329K | 10x | |
| Orderly PERP_HYPE_USDC | +0.0002% | 4h | 93.628 | +0.018% | $166K | $583K | 20x | as long as short |
Hibachi HYPE/USDT-P
Aftermath Perps HYPEUSD
Arcus HYPE-USD
Hotstuff HYPE-PERP
Ondo Perps HYPE-USD.P
01 Exchange HYPEUSD
Derive HYPE-PERP
dYdX HYPE-USD
Orderly PERP_HYPE_USDCShow all 55 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) HYPE/USD | L +0.0002% / S −0.0003% | 1h | 93.670 | +0.063% | $26K | — | 150x | as long as short |
| Phoenix HYPE | +0.0009% | 1h | 93.755 | +0.154% | $215K | $1.2M | 10x | as long as short |
| Aster HYPEUSDT | +0.0015% | 4h | 93.627 | +0.017% | $8.9M | $36.0M | 300x | as long as short |
| Bybit HYPEUSDTlong | +0.0019% | 8h | 93.611 | long leg | $321.6M | $283.4M | 75x | |
| Binance HYPEUSDT | +0.0057% | 4h | 93.634 | +0.025% | $383.1M | $895.2M | 75x | as long as short |
| MEXC HYPE_USDT | +0.0058% | 4h | 93.657 | +0.049% | $87.3M | $81.7M | 100x | as long as short |
| Phemex HYPEUSDT | +0.0072% | 8h | 93.665 | +0.058% | $12.8M | $2.6M | 50x | as long as short |
| edgeX HYPEUSDC | +0.0080% | 4h | 93.817 | +0.220% | $5.1M | $29.9M | 30x | as long as short |
| Gate HYPE_USDT | +0.0082% | 4h | 93.623 | +0.013% | $44.5M | $59.1M | 75x | as long as short |
| Lighter HYPE | +0.0096% | 1h | 93.676 | +0.069% | $18.8M | $60.0M | 20x | as long as short |
| Lighter RH HYPE | +0.0096% | 1h | 93.644 | +0.035% | $3.0M | $12.3M | 20x | as long as short |
| Popdex HYPEUSDT | +0.0096% | 1h | 93.641 | +0.032% | $63K | $1.2M | 50x | as long as short |
| Aevo HYPE-PERP | +0.0096% | 1h | 93.646 | +0.037% | $398K | $318K | 20x | as long as short |
| Paradex HYPE-USD-PERP | +0.0099% | 8h | 93.621 | +0.011% | $340K | $171K | 20x | as long as short |
| Katana Perps HYPE-USD | +0.0099% | 8h | 93.600 | −0.012% | $43K | $1.6M | 10x | as long as short |
| Nado HYPE-PERP | +0.0100% | 1h | 93.569 | −0.044% | $5.7M | $44.4M | 10x | as long as short |
| Pacifica HYPE | +0.0100% | 1h | 93.618 | +0.008% | $10.1M | $14.5M | 20x | as long as short |
| OKX HYPE-USDT-SWAP | +0.0100% | 8h | 93.624 | +0.014% | $115.3M | $320.1M | 50x | as long as short |
| Bulk HYPE-USD | +0.0100% | 1h | 93.625 | +0.015% | $204K | $7K | 10x | as long as short |
| KuCoin HYPEUSDTM | +0.0100% | 4h | 93.639 | +0.030% | $46.5M | $18.5M | 75x | as long as short |
| Bitget HYPEUSDT | +0.0100% | 4h | 93.648 | +0.040% | $226.8M | $102.7M | 75x | as long as short |
| BingX HYPE-USDT | +0.0100% | 4h | 93.645 | +0.036% | — | $54.1M | — | as long as short |
| Backpack HYPE_USDC_PERP | +0.0100% | 1h | 93.607 | −0.004% | $7.8M | $10.5M | 20x | as long as short |
| Variational Omni HYPE | +0.0100% | 8h | 93.564 | −0.050% | $31.2M | $53.9M | — | as long as short |
| GRVT HYPE_USDT_Perp | +0.0100% | 4h | 93.786 | +0.187% | $7.6M | $45.0M | 10x | as long as short |
| ApeX Omni HYPEUSDT | +0.0100% | 1h | 93.819 | +0.222% | $341K | $1.1M | 50x | as long as short |
| StandX HYPE-USD | +0.0100% | 1h | 93.752 | +0.151% | $678K | $2.5M | 20x | as long as short |
| Vest HYPE-PERP | +0.0100% | 1h | 93.665 | +0.058% | — | $454K | 5x | as long as short |
| Polymarket Perps HYPE-USD | +0.0100% | 1h | 93.664 | +0.057% | $490K | $2.5M | 20x | as long as short |
| Bullet HYPE-USD | +0.0100% | 1h | 93.617 | +0.007% | $111K | $578K | 20x | as long as short |
| Bluefin HYPE-PERP | +0.0100% | 1h | 93.627 | +0.017% | $76K | $170K | 20x | as long as short |
| SunX HYPE-USDT | +0.0100% | 4h | 93.654 | +0.046% | $32K | $1.6M | 20x | as long as short |
| SoDEX HYPE-USD | +0.0100% | 1h | 93.624 | +0.014% | $2.0M | $2.0M | 10x | as long as short |
| Injective HYPE/USDC PERP | +0.0104% | 1h | 94.410 | +0.854% | $31K | $338K | 12x | as long as short |
| Extended HYPE-USD | +0.0104% | 1h | 93.620 | +0.009% | $18.3M | $42.8M | 50x | as long as short |
| Kalshi KXHYPEPERP | +0.0130% | 8h | 93.708 | +0.104% | $1.9M | $5.0M | 2.3x | as long as short |
| Coinbase International HYPE-PERP-INTX | +0.0152% | 1h | 93.690 | +0.084% | $4.9M | $5.7M | 50x | as long as short |
| HTX HYPE-USDT | +0.0217% | 4h | 93.768 | +0.168% | $1.5M | $7.8M | 75x | as long as short |
| BloFin HYPE-USDT | +0.0237% | 4h | 93.601 | −0.011% | $17.0M | $12.6M | 75x | as long as short |
| Reya HYPERUSDPERP | +0.0249% | 1h | 93.643 | +0.034% | $77K | $142K | 15x | as long as short |
| RISEx HYPE/USDC | +0.0284% | 1h | 93.676 | +0.069% | $2.8M | $6.9M | 20x | as long as short |
| Hyperliquid HYPE | +0.0287% | 1h | 93.689 | +0.083% | $2.03B | $676.0M | 10x | as long as short |
| GMX HYPE/USD [WBTC.b-USDC] | L +0.0337% / S −0.0163% | 1h | 93.664 | +0.056% | $1.4M | — | 100x | as long as short |
| Deribit HYPE_USDC-PERPETUAL | +0.0412% | 1h | 93.743 | +0.141% | $7.4M | $4.6M | 50x | as long as short |
| Kraken Futures PF_HYPEUSD | +0.0579% | 1h | 93.707 | +0.102% | $20.9M | $29.4M | 50x | as long as short |
gTrade (Gains Network) HYPE/USD
Phoenix HYPE
Aster HYPEUSDT
Binance HYPEUSDT
MEXC HYPE_USDT
Phemex HYPEUSDT
edgeX HYPEUSDC
Gate HYPE_USDT
Lighter HYPE
Lighter RH HYPE
Popdex HYPEUSDT
Aevo HYPE-PERP
Paradex HYPE-USD-PERP
Katana Perps HYPE-USD
Nado HYPE-PERP
Pacifica HYPE
OKX HYPE-USDT-SWAP
Bulk HYPE-USD
KuCoin HYPEUSDTM
Bitget HYPEUSDT
BingX HYPE-USDT
Backpack HYPE_USDC_PERP
Variational Omni HYPE
GRVT HYPE_USDT_Perp
ApeX Omni HYPEUSDT
StandX HYPE-USD
Vest HYPE-PERP
Polymarket Perps HYPE-USD
Bullet HYPE-USD
Bluefin HYPE-PERP
SunX HYPE-USDT
SoDEX HYPE-USD
Injective HYPE/USDC PERP
Extended HYPE-USD
Kalshi KXHYPEPERP
Coinbase International HYPE-PERP-INTX
HTX HYPE-USDT
BloFin HYPE-USDT
Reya HYPERUSDPERP
RISEx HYPE/USDC
Hyperliquid HYPE
GMX HYPE/USD [WBTC.b-USDC]
Deribit HYPE_USDC-PERPETUAL
Kraken Futures PF_HYPEUSD